Chicago-based Jones Lang LaSalle is handling the local sale and 20 other big-box assets in several markets. The properties are being sold on an as-is basis, which means the seller can't fully guarantee its physical condition.
"The Charlotte property is currently vacant," Bob Sherwood, vice president of Jones Lang LaSalle Capital Markets, tells Globest.com. The market's going lease rate is an average $3.65 per sf.A separate bid package is required to bid on each property. "Each of these properties is well located with high visibility and easy access within each respective market," Sherwood says.
The properties range from vacant to single or multi-tenants. Several are suitable for development, Sherwood says. Four properties are in Louisiana.
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David Wilkening
David Wilkening began his long journalism career as a police reporter for Chicago-area newspapers. He became a writer-editor for major newspapers in Chicago, Washington, Detroit and Florida. He has been a business editor, political editor and travel editor for newspapers and magazines. He tried for a while to be a political operative but did better as an adjunct college professor teaching English and journalism. He is the author of several books, both ghost-written and under his own name. He is also a widely published freelance writer who currently lives in Orlando.
